Roswell Freestanding Restaurant & Bar w/Real Estate “UNDER CONTRACT”

by Steven Josovitz

Post image for Roswell Freestanding Restaurant & Bar w/Real Estate “UNDER CONTRACT”

#1381

This Roswell restaurant and bar is famous, well established and a neighborhood favorite.

This restaurant is also “hot” destination spot thanks to critical acclaim and super Zagat ratings.

Opened almost 25-years by same Owner who doesn’t run any shifts and is focused on other business projects.

Restaurant is almost 5300/sf on approximately an acre parcel with tons of parking.

Seating for almost 200 with full bar and beautiful outdoor courtyard for al fresco dining plus a large communal table in bar area.

2013 Gross Sales are approximately $1,900,000 and profitable. 2014 sales and profit are higher then 2013 with 2105 at $1,750,000 with Absentee Owner pulling out $100,000 with zero efforts and not running any shifts.

Loyal staff makes for an easy transition and also includes GM, 2-Assistant Managers, Executive Chef, Sous Chef.

Priced at $1,900,000 includes real estate and business or buy business for $300,000 with long term lease at $9,000 per month plus real estate taxes. Owner would consider some owner financing to qualified individual. Sale excludes artwork.

 

 

 

 

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